Deutsche Leasing receives an A+ from Fitch

On 4 October 2024, the rating agency Fitch (Fitch Ratings Ltd.) gave Deutsche Sparkassen Leasing AG & Co. KG a long-term issuer default rating of A+ (Stable Outlook) and a short-term rating of F1.

With this rating in the “Investment Grade” category, Fitch is the first rating agency to confirm the company’s credit worthiness and solidity.

Just a few weeks before, Deutsche Factoring Bank GmbH & Co. KG, as a Deutsche Leasing Group company, also received a rating of “A+/stable”.

For both companies, which are wholly owned directly and indirectly by the savings banks, this is the first official issuer rating of its kind in their history.

The long-term rating of A+ corresponds to the rating received by Sparkassen-Finanzgruppe.